Geographical Outreach: Number of Institutions, Other Financial Corporations for Brazil

BRAFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

209.00

Year-over-Year Change

-12.92%

Date Range

1/1/2004 - 1/1/2016

Summary

The 'Geographical Outreach: Number of Institutions, Other Financial Corporations for Brazil' series tracks the total number of financial institutions, excluding banks, operating in Brazil. This metric provides insight into the breadth and diversity of the country's non-banking financial sector.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This economic indicator measures the number of financial entities in Brazil beyond traditional banks, such as insurance companies, investment funds, and other specialized financial firms. It offers a window into the evolving structure and accessibility of Brazil's financial system, which is a key factor in economic development and financial inclusion.

Methodology

The data is collected and reported by the Central Bank of Brazil.

Historical Context

Policymakers and analysts use this metric to assess the financial sector's growth and outreach across Brazil's regions and communities.

Key Facts

  • The number of non-bank financial institutions in Brazil has grown steadily in recent decades.
  • Brazil's diverse financial ecosystem supports economic activity beyond the traditional banking system.
  • Expanding financial outreach is a key policy objective for promoting inclusive economic growth in Brazil.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total number of financial institutions in Brazil outside the traditional banking sector, such as insurance companies, investment funds, and other specialized financial firms.

Q: Why is this trend relevant for users or analysts?

A: The breadth and diversity of Brazil's non-banking financial institutions are important factors in assessing the country's financial development, accessibility, and overall economic progress.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Brazil.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to monitor the growth and distribution of Brazil's financial sector beyond traditional banks, which is crucial for promoting financial inclusion and supporting economic development.

Q: Are there update delays or limitations?

A: The data is published regularly by the Central Bank of Brazil, but there may be some delays in reporting or coverage limitations compared to the full scope of Brazil's financial ecosystem.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Brazil (BRAFCIOFNUM), retrieved from FRED.